Choosing a will-based estate plan or trust-based plan involves important considerations. Both wills and trusts provide instructions on where your assets and property will pass at death, but that’s where the similarities end.
The Law
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Starting a business is exciting, but be sure you do your homework so you are set up for success. First, investigate local rules for starting up a business. Every area has different requirements. Then:
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Denver is experiencing tremendous growth, and commercial real estate is no exception. While it is full of unique opportunities, there are also risks and obligations to consider. Several unique issues make it distinctly different than residential property. A few key considerations for you to review in commonly used commercial real estate documents include:
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In the unfortunate event you become disabled, it likely will happen in a car accident. And the implications of such occurrence can extend far into the future.
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Like many transactions, commercial real estate purchases are not always a straightforward proposition. Commercial property ownership is determined by the entire collection (or “chain”) of title documents. Because of this, it’s not always an easy process to determine exactly who owns an interest in the property, so it’s a good idea to consider purchasing title insurance — should the purchase become…complicated.
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Summer vacation can be a stressful time for parents sharing physical care of their children. Between travel, summer activities and camps, parents can have a difficult time establishing and enforcing a schedule that is in the children’s best interests and is fair to the parents.
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While it is legal for property owners in Colorado to grow marijuana for their personal use, when buying or selling a home, consider:
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Summer means family vacations, spending time with loved ones and enjoying a break from work and school. Making sure you have an estate plan, or if you already do, ensuring it is up to date with Colorado law, can save your family from unnecessary costs and delays associated with Colorado probate, guardianship and/or conservatorship.
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Properly planning for incapacity can save you and your loved ones a lot of time and money. Unfortunately, many individuals will experience an incapacity “event” in their lifetime, such as a serious illness or cognitive impairment.
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Now is the prime time to buy or sell a home. If you are doing either, here are a few things to consider or put in the contract.
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Accidents and injuries traceable to distracted driving have risen dramatically – 10% between 2011 and 2013. Experts believe the number could be far higher than this. Not surprisingly, many of these accidents involve texting and driving. At 55 mph, the average text takes your eyes off of the road long enough to cover a football field.
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When estate planning, consider tax implications. Current gift and estate tax exemptions are historically high. You can maximize your benefit by evaluating your estate plan and transferring money via gifts, trusts or insurance.
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Today is Brain Injury Awareness Day. Each year, 2.5 million children and adults in the U.S. sustain a traumatic brain injury (TBI). More than 5 million people live with a significant disability due to a TBI.
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Valentine’s Day celebrates love, but flowers die and love sometimes goes wrong. Mediation can be a cost-effective alternative to the courtroom when things go wrong. A good mediator must be impartial, knowledgeable of the law and have the tools to assist the parties in promptly resolving their legal disputes.
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Owning a home is a dream for many. And sharing this dream with the one you love (or even just like a lot) can be wonderful. But it can also complicate things.
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The New Year has arrived. It’s time to reevaluate not only your life, but also your assets to prepare for whatever 2017 holds. Note and file relevant information, including account numbers and contact information, and include it in your will.
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Preparing to drive in winter weather? Here are a few things you should know:
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Caregivers are faced with many challenges – financial, emotional and logistical. And when you are appointed as guardian or conservator, these complications are often amplified. To prevent problems, consider the following while your loved one is still in good health:
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Our veterans have earned our respect, which includes a number of legal benefits. For a home loan, veterans – and those on active duty – can obtain loans easier with a certificate of eligibility (COE) indicating they can obtain a VA-backed loan and pay no mortgage insurance.
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Baby boomers possess the greatest amount of disposable income — more than $56 trillion in the U.S. — thanks to long-term investing and working past age 65.